Bank of Japan is expected to hike rates this week, CNBC survey shows
Out of 19 economists, 18 agreed on prospects of a rate hike, with most pointing to a recent change in tone of the BOJ leadership as driving their expectations.
Out of 19 economists, 18 agreed on prospects of a rate hike, with most pointing to a recent change in tone of the BOJ leadership as driving their expectations.
A prospective merger between Rio Tinto and Glencore would rank as the mining industry’s largest-ever deal.
The question of how far and quickly the yuan will fall depends on Beijing’s resolve in countering Donald Trump’s tariffs with stimulus measures.
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.
The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.
TSMC, the world’s largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%
Saudi Arabia has increased the valuation of its unexploited mineral resources from $1.3 trillion to $2.5 trillion.
Risk specialists identified armed conflict, extreme weather and misinformation among the top global risks for the year ahead, according to a new WEF survey.